power utility

Embattled PG&E to expand board to 15 directors

By admin1 on April 23, 2019 • ( 0 )

PG&E is facing crushing liabilities following deadly wildfires in 2017 and 2018 which killed dozens of people and destroyed thousands of homes. In a development that resolves a months long battle with activist shareholder BlueMountain Capital Management LLC, California utility… Read More ›

Brazilian government likely to sell a portion of its stake in Eletrobras

By admin1 on August 22, 2017 • ( 0 )

This has the potential to open up Brazil’s power sector to private players. As per a Brazilian government source, the Brazilian government’s stake along with other state entities in Centrais Elétricas Brasileiras SA, a power holding company, could be as… Read More ›